University Of Wisconsin - Green Bay And Schwab Establish The Charles Schwab Foundation Center For Personal Financial Planning

Green Bay WI

20 April, 2022

8:30 PM

Description

Press release from University of Wisconsin - Green Bay: April 19, 2022 Green Bay, Wis.—The University of Wisconsin-Green Bay's Cofrin School of Business has received a generous gift from Schwab Advisor Services, in partnership with the Charles Schwab Foundation, for the newly named Charles Schwab Foundation Center for Personal Financial Planning and the Charles Schwab Foundation Boardroom. The Charles Schwab Foundation Center for Personal Financial Planning will be the visible, non-curricular home for UW-Green Bay's new (2021) CFP Board Registered Personal Financial Planning Program and a focal point for building community among students, faculty, alumni, and community partners. The partnership dramatically enhances the space and programming available for personal finance learners and helps build a talent pipeline by increasing awareness of the entrepreneurial career opportunities that exist within the independent advisory industry. On Monday, May 2, 2022 at 1:30 p.m., University leaders will unveil the new spaces in L.G. Wood Hall (Room 118), along with the new Willie Davis Finance & Investment Laboratory (Room 114), in conjunction with a public announcement about the University's Capital Campaign. The announcement will be held in Rosewood Cafe, Wood Hall, Green Bay Campus. The Cofrin School of Business will also hold a public grand opening of the spaces with tours on May 5, 2022. "Students are the future of the RIA industry," said Bernie Clark, head of Schwab Advisor Services. "We have a strong commitment to help cultivate next-generation talent by driving awareness of the financial services industry. That is why, we are honored to join UW-Green Bay's Cofrin School of Business in creating a place that is a reflection of humanity and empowers individuals through a community of learning where education is ongoing and active." UW-Green Bay Personal Finance Professor Preston Cherry said the partnership provides key pathways. "People aspire to achieve and want places of belonging," he said. "The partnership between the Center at UW-Green Bay and Charles Schwab Foundation provides access to a community. Students who seek finance services careers or desire financial wellness advice, many of whom are the first in their families to attend college, will receive pathways to opportunity and champions for their journey, while the citizens of northeast Wisconsin will benefit from financial empowerment outreach." Cofrin School of Business Dean Mathew Dornbush notes that the partnership is a recognition of higher education in the future. "Our faculty and staff recognize that the future of education is centered around merging educational foundations with impactful experiences. Dr. Cherry understands this, is acting on it, and has set in motion a program to train the next generation of financial planning and wealth management professionals for NE Wisconsin and beyond. It's an exciting time to be in the Cofrin School of Business." About the Cofrin School of Business and UW-Green Bay's Personal Financial Planning Program The CFP Board Registered program prepares students with an understanding of finance that goes beyond dollars and cents, educating students on the core elements of financial planning and wealth management. This program prepares learners to guide clients through life's most crucial moments. About L.G. Wood Hall Wood Hall, named in honor of Lester G. Wood, President and CEO of Paper Converting Machine Company, was completed in 1974. Remodeled classroom and technological advancements have kept this high-use facility updated, but the renovations started in May 2021 and the plans for the next two years will be the largest improvements to the building since its founding. In the summer of 2021, the Cofrin School of Business and the State of Wisconsin invested $1.5 million to renovate the exterior of Wood Hall, removing 16,000 square feet of EIFS panels (External Insulation Finishing System) and replacing the exterior with an insulated mental wall panel system, repairing concrete structural components, and installing snow guards at the building entries. About Charles Schwab At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients' goals with passion and integrity. More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn. About Schwab Advisor Services As the industry's leading custodian for independent registered investment advisors (RIAs), Schwab Advisor Services is dedicated to helping advisors achieve their business goals. For more than 30 years we have supported firms of all types and sizes and earned the trust of over 7,500 advisors. Visit advisorservices.schwab.com. Schwab Advisor Services serves independent investment advisors and includes the custody, trading, and support services of Schwab. Follow us on Twitter and LinkedIn. About Charles Schwab Foundation Charles Schwab Foundation is an independent nonprofit public benefit corporation, funded by The Charles Schwab Corporation and classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being. More information is available at https://www.aboutschwab.com/citizenship. About the University of Wisconsin-Green Bay Established in 1965, UW-Green Bay is a public institution serving 9,276 undergraduate, graduate and doctoral students and 79,604 continuing education enrollees each year across all campus locations. We educate students from pre-college through retirement and offer 200+ degrees, programs and certificates. UW-Green Bay graduates are resilient, inclusive, sustaining and engaged members of their communities, ready to rise to fearlessly face challenges, solve problems and embrace diverse ideas and people. With four campus locations, the University welcomes students from every corner of the world. In 2020, UW-Green Bay was the fastest growing UW school. For more information, visit www.uwgb.edu. This press release was produced by University of Wisconsin - Green Bay. The views expressed here are the author's own.